Digital Yuan (ECNY)

“Every Digital Yuan e-CNY token is always 100% backed by Chinese Bank reserves, which include traditional currency cash equivalents and, from time to time, may include other assets and receivables from loans made to third parties, which may include affiliated entities (collectively, ?reserves?). So no matter what price the e-CNY traded, every token value is always pegged to equivalent physical Yuan (RMB) Bank paper notes.”